This blog is a diary of my market analysis. The analysis is for information purposes only and is not intended to be trading advive. Charts are courtesy of www.prophet.net. Please e-mail any comments to NAV-TA@HOTMAIL.COM

Monday, June 22, 2009

The 10-year yields triggered a intermediate term sell last week. This has deflationary implications for the economy. Once the market realizes that all these trillions of unproductive money that's thrown around by the government cannot generate inflation, panic will set in. The bond yield sell signal also lines up with the IT sell in the stock market, i posted last week.